Citigroup Global Markets Limited, an exempt principal trader, has disclosed its dealings in Bellway PLC's relevant securities. The transactions, dated 18 July 2024, include purchases and sales of 12.5p ordinary shares. The highest price per unit paid for purchases was GBP 27.3800, while the lowest was GBP 27.3533. For sales, the highest price per unit received was GBP 27.4800, and the lowest was GBP 27.2600. Additionally, a cash-settled derivative transaction was disclosed, involving the reduction of a short position with one reference security at a price of GBP 27.3000.
The disclosure also includes information on stock-settled derivative transactions and other dealings, such as subscribing for new securities. Furthermore, the disclosure states that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. The disclosure was made to a Regulatory Information Service and emailed to the Takeover Panel, as required by Rule 8 of the Code.
For further details or consultation regarding the Code's dealing disclosure requirements, the Market Surveillance Unit of the Panel can be contacted at +44 (0)20 7638 0129. The contact person for this disclosure is Christopher Alexander Pollock, reachable at 02895 954 053.
Date of disclosure: 19 July 2024